https://www.thestar.com.my/business/busines...reats-to-others

gold is steady, still consolidating before next leg up. give it couple/few more weeks.

two weeks ago, citibank issued "gold to go below 3000". goldman and jpmorgan did not comment.

likely a last hoorah to use paper shorts to bring it down. looks like no success,

SILVER crossed 38, looks ready to break out big time... going 40, 50.

silver price been so low for >40 years that miners aren't mining, physical stocks shrinking last 5 years.

6 bullion banks holding massive shorts while current futures buyers all stand for delivery.

gold and silver rehypotecated paper markets may be in for trouble.

all the best to gold & silver stackers; good things come to those who wait.

De-dollarization: Are China and the BRICS building a gold-standard trading system?
https://www.youtube.com/watch?v=SV-jpJqDX7c

This post has been edited by AVFAN: Jul 11 2025, 11:23 PM

Silver price strong. Already outperforming gold this year.

SLV ytd gain = 30%

Silver breakout yesterday. Damn, going to look into it to supplement my holdings of Gold next week.

When the market starts speculating about rate cuts and money printing, gold typically finds support — it's only a matter of time before it begins to rise.

gold will rise further.
but i think silver will outperform gold for 2025.
GSR or gold silver ratio has dropped from a high of 105 to 87.
in the long history, it used to be in the range 40-60.

however, investing in silver is less attractive:
. silver bullions are bulky & heavy.
. silver bullions carry a spread of abut 10% while coins are often at >30%.

in rm terms, gold & silver price shud continue to ride high since bank negara has v little gold as reserves, only declining $.
maybe this article is meant to wake up those in power:
https://www.thestar.com.my/business/busines...ld-buying-spree

What about buying SIL?

Buy using ETF is easy . Very low spreads.

SIL, SILJ are certain good bets now.
SILEVR just hit $39!

i have been influenced by stackers.

gold & silver derivatives rehypotecated a hundred times by major bullion banks are the reason gold and silver prices have been suppressed. no, i won't support them! Miners also suffered becos of that.

however, the pros are theorizing these derivatives will soon retreat or come to an end as more and more buyers take physical delivery. Comex and LBMA are said to be running short on gold & silver physical stocks. in contrast, shanghai metals exchange requires full ownership of the metals before u can trade.

For "moral"/"conspiracy" reasons u are willing to take 10% or higher spread?

This post has been edited by Cubalagi: Jul 14 2025, 01:58 PM

Auntie continues to accumulate, ytd nearly $500k.
Why?

wahhhh Aunty has Rm2mil+ of gold addiction.

+$100K this week. Auntie definitely does not identify as a Pallaqueras.

Her mission is not about amassing wealth for its own sake but about sustaining her family in a place where middle class survival demands relentless effort.

Her story reflects resilience in the face of socialist policy, systemic poverty and economic uncertainty.

This post has been edited by Unkerpanjang: Jul 28 2025, 03:09 PM

https://www.nst.com.my/business/corporate/2...ed-appointments

Still not above April high yet 😔

But it's playing catching up

https://www.bloomberg.com/news/articles/202...-arbitrage-play

hope everyone's holding on to their gold stacks!

its been >3months gold trading sideways - good to consolidate, next leg up will be big.

recent development:
.. physical gold flowing west -> east in huge amounts.
.. digital yuan incr used for trade, balance settled in physical gold, vaults in Shanghai, HK.. next in UAE, SG.
.. lbma, comex sees record amounts of physical deliveries.
.. suspect US gomen is either buying new or calling back leased gold.
.. global gold backed monetary reset coming?


and just this...

US hits one-kilo gold bars with tariffs in blow to refining hub Switzerland
https://www.ft.com/content/78be1315-608d-43...e7-80b9e18c5ce7

today... $3395/oz, RM462.37/g.

i look forward to $4000, RM500.

Gold seems like moving very tight band of MYR 450 - 460/g range....

Already like stabilized 🤔

Is that what they call a resistance level ?